Youon Technology released its 2026 interim report. First-half operating revenue was 322 million yuan, up 66.5% year on year, while net loss attributable to the parent narrowed to 15.35 million yuan from a loss of 65.48 million yuan in the same period last year. Second-quarter revenue was 200 million yuan, up 82.4% year on year, and net loss attributable to the parent narrowed to 10.25 million yuan from a loss of 40.85 million yuan a year earlier. As of the end of the second quarter, the company's total assets were 4.165 billion yuan and net assets attributable to the parent were 3.412 billion yuan. The company said revenue from public bicycles and shared mobility services rose significantly, but net operating cash flow was negative 11.95 million yuan, down 134.8% year on year, mainly due to increased procurement for operations. Management plans to strengthen collection of receivables, improve cash flow, deepen synergies with shareholder resources, and expand business growth channels.
Changzhou Youon Pubilic Bicycle System Co LtdRevenue up 66.5% and net loss narrowed significantly, indicating improved financial performance.
